Back
News

Sports World founder stokes flotation rumours

Mike Ashley, the secretive founder of Sports World International, broke cover yesterday to introduce himself to the City, declaring he wanted to make the sports retailer a global brand.

In a carefully scripted conference call, Ashley revealed that he needed more funds to fulfil his dream of making his company the world’s biggest and most profitable sports retailer.

There is growing speculation the private billionaire may float his business.

References: Financial Times page 1 16/12/06, Daily Telegraph page 31 16/12/06, The Guardian page 36 16/12/06

Up next…